Dossier
Companies Act
Coverage of Companies Act in the Nexus archive.
- Audited financial statements for PM CARES Fund have not been made public since FY 2022-23
The PM CARES Fund, chaired by the Prime Minister with Union Ministers as trustees, has not made its audited financial statements public since FY 2022-23. Donations to the fund qualify for 100% tax deduction under the I-T Act and count as CSR expenditure under the Companies Act, but activists claim it remains outside the RTI Act, parliamentary scrutiny, and audit by the CAG.
- NSS-Satheesan rift deepens as Sukumaran Nair launches fresh attack on Kerala CM
Sukumaran Nair criticizes the Kerala Chief Minister for refusing to address key issues, including proposed amendments to the Companies Act. The conflict highlights a growing rift between NSS and Satheesan.